8044 Montgomery Road Suite 450
As the chart above indicates, a Certified B Corp goes a bit beyond a regular Benefit Corporation.
How to Become a Certified B CorpInterested business leaders can sign up to take the B Impact Assessment to see how their companies stack up. There is also a Quick Impact Assessment here.
Below is a list of areas covered by the B Impact Assessment. More details can be found in The B Corp Handbook.
Good for Workers:Compensation and Benefits:Same benefits for employees and managementProfessional development subsidies for employeesWage ratios among different management levels and relative to industry standardsWorker Ownership: Stock Options and EquivalentsWork Environment:Health and wellness programsRegular worker satisfaction surveysFlextime and telecommuting optionsEmployee retention and employment metricsGood for the Community:Job Creation for Chronically Underemployed PopulationsWomen, minorities, disabled, low-incomeGiving second chances to certain demographics (Rubicon Bakery)Diverse Board of Directors, Management Team, and Employee BaseSuppliers with Ownership from Women and Other Minority PopulationsGood for the EnvironmentEnergy and water efficient infrastructure, renewable energy systemsIndoor air quality, emissions, product life cycle assessments, reclamation (recycle/reuse) initiativesEmployee incentives for alternative commuting optionsGood for the Long TermDegree of Engagement with Environmental and Social Objectives Reflected In:Mission statementEmployee incentivesFeedback from external stakeholders, board of directors, and executivesTransparencyCorporate StructureGood to the CoreCommunity Support (Arts, Education, Health Care, etc.)At Least 40% Worker OwnershipPoverty Alleviation through Supply Sourcing
Microfranchising or Microdistribution modelTo find out more about how Three Corners Capital supports B Corporations, contact us to learn more.